Form 4: Amkor Technology Director Douglas A. Alexander Reports Dividend Equivalent Units Acquisition

Director Douglas A. Alexander reports the acquisition of dividend equivalent units related to previously granted restricted stock units.

Summary

• On June 24, 2024, Douglas A. Alexander, a director of Amkor Technology, Inc., reported the acquisition of dividend equivalent units (DEUs) related to previously granted restricted stock units (RSUs).
• These DEUs were accrued due to dividend payments on RSUs granted on May 17, 2022, May 16, 2023, and May 14, 2024.
• The director acquired 18.4153 DEUs related to the 2022 grant, 17.9328 DEUs related to the 2023 grant, and 12.3846 DEUs related to the 2024 grant.
• Each DEU represents an additional RSU subject to the same provisions as the original RSU.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests.

Positives

• The acquisition of dividend equivalent units indicates continued alignment of the director's interests with those of the shareholders.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.

Comparison to Industry Standards

• Granting restricted stock units and dividend equivalent units is a common practice among publicly traded companies to incentivize and retain key personnel.
• Companies like Texas Instruments and Intel also use similar equity-based compensation strategies.

Stakeholder Impact

• The acquisition of DEUs has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates